10 markets still take 75% of Bangladesh apparel; can 18 change that?

Bangladesh is preparing separate export strategies for 18 trading destinations, from the US, UK and France to China, India, Japan and Brazil.
RMG exports were $38.70 billion in FY2025-26, 80.62 per cent of merchandise exports, while the top 10 apparel destinations held 75.44 per cent.
TexPro shows four HS4 apparel groups made up 60.41 per cent of value, underscoring the product trap.

10 markets still take 75% of Bangladesh apparel; can 18 change that? Read More »

Turkiye’s apparel exports remain under pressure in Jan-Aug 2026

Turkiye’s apparel exports declined 1.88 per cent YoY to $10.671 billion in January-August 2026, with knitted garments down 1.1 per cent and woven apparel down 2.9 per cent.
August shipments under HS 61 and HS 62 fell 7 per cent to $1.368 billion, reversing gains in June and July.
Exporters face subdued European demand, cautious brand buying and price competition from lower-cost sourcing hubs.

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India’s 8 per cent global gems, jewellery share has room to grow

India’s gems and jewellery sector currently accounts for 8% of global exports but can expand into new product categories. NITI Aayog’s Pravakar Sahoo emphasized the need for greater value addition and improved global market presence. Collective efforts are essential among industry players, government, and consumers to ensure competitive growth in the sector. Enhanced transparency regarding diamonds can improve trust and boost consumer confidence in India.

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Karnataka approves Rs 4,000 crore textile policy to attract Rs 20,000 crore investment

Karnataka’s new Textile & Apparel Policy aims to attract significant investments while creating numerous jobs over the next five years. The government has designated 34 focus taluks for additional support to promote regional industrial growth. New incentives will also be provided for silk yarn production to enhance the value chain. Special incentives are planned for eligible units in the PM MITRA Park in Kalaburagi.

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As gold hallmarking charges rise, fraudsters get busy too

Gold hallmarking charges have risen significantly, causing concern among industry stakeholders regarding potential fraud. Awareness of the Hallmark Unique Identification number remains low across various cities in India. The All-India Gem and Jewellery Domestic Council has highlighted the challenges jewelers face due to increased costs and processing times. They are advocating for a return to previous hallmarking rates to alleviate financial burdens.

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Hong Kong’s Win Hanverky returns to profit in H1 2026

Win Hanverky posted equity-holder profit in H1 2026 as continuing revenue rose 3 per cent and operating profit recovered
Sportswear manufacturing recovered and Barbour-led licensing grew, helped by lower Southeast Asia production and transport costs.
High-end outerwear stayed weak; a key sportswear customer’s order adjustments may affect H2 2026 and 2027 as management seeks new orders.

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Gold heads for monthly decline, US inflation data looms

On Wednesday, gold prices remained stable, although they are poised for a monthly decline. Market participants are scrutinizing US inflation metrics to gauge the Federal Reserve’s upcoming policies. The anticipated rise in interest rates is impacting gold alongside other precious metals. Additionally, a significant drop in consumer confidence has emerged amid worries over economic stability and tensions in the Middle East.

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Under-the-counter cash gold sales boom in India as high prices and taxes bite

High gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save significantly compared to official market prices based on reported cases. As import levies have doubled, the informal gold market is thriving, especially in the lead-up to wedding season. Retail customers are discovering varying discounts, influencing their purchasing decisions significantly.

Under-the-counter cash gold sales boom in India as high prices and taxes bite Read More »

India-EU FTA: Can Tiruppur double apparel exports to $4 bn?

India-EU FTA could eliminate EU duties of up to 12 per cent on textiles and apparel, opening zero-duty access for Tiruppur.
Doubling Tiruppur’s Europe sales from $2 billion to $4 billion in four years needs 18.9 per cent CAGR, above recent trends.
Success will hinge on higher-value MMF, performance and technical apparel, stronger traceability and EU rules of origin.

India-EU FTA: Can Tiruppur double apparel exports to $4 bn? Read More »

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